Transaction Cost

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Transaction Cost

The total cost of a security transaction after commissions, taxes, and other expenses. For example, a security has a price, but transaction costs include the fee one must pay the broker, capital gains taxes, among other things.

References in periodicals archive ?

LSCM is truly a multidisciplinary research area, and this multidisciplinarity begins with the five most prominent theories playing a role in LSCM theoretical development since 1991: the resource-based view, transaction cost economics, game theojy, contingency theory, and institutional theory.

Applying theories from other disciplines to logistics and supply chain management: a systematic literature review

The most notable approach is Oliver Williamson's Transaction Cost Economics (TCE).

What accounts for plural forms of governance structure in the same industry or firm--the case of the Brazilian Electricity Industry

Amongst the prominent theories are transaction cost economics theory, theory of core competencies, knowledge based-view theory, resource based-view theory and etc.

The generic theoretical frameworks on human resource outsourcing decision

Applying Transaction Cost Economics: A Note on Biomass Supply Chains, 25

Demanding supply: re-envisioning the landlord-tenant relationship for optimized perennial energy crop production

In this paper, we answer these questions by applying the conceptual lens of transaction cost economics (TCE) theory to the domain of family business.

The transaction cost economics theory of the family firm: family-based human asset specificity and the bifurcation bias

This does not suggest that transaction cost economics (TCE) lacks explanatory power.

Dynamic transaction costs and firm boundaries in the soft drink industry

Transaction cost economics: how it works; where it is headed, De Economist 146: 23-58.

Formation of environmental factors in global market and evaluation of outsourcing business activities/Globalios rinkos aplinkos veiksniu formavimas ir isornaudos veiklos rusiu vertinimas

Later analyses of the firm, such as in Transaction Cost Economics (Williamson, 1967; 1973; 1979), build on Coase's insight but do not generally question his fundamental (but problematic) conjecture of the firm as a hierarchical and authority-based substitute to the market.

The division of labor and the firm: an Austrian attempt at explaining the firm in the market